Shipbuilding
July: 75 newbuildings invested
In July of 2012, 75 vessels of a cumulative 3.29m dwt were newly contracted in the world, plummeted by 66% year-on-year but slightly increased by 6.5% month-on-month. Clarkson reported that overall new order invested during the first seven months ...
2012-08-09 06:35:37
Global backlog below 100m cgt
Global newbuilding orderbook, which jumped over 200m cgt in 2008, has been cut halved to below 100m cgt. According to Clarkson, as of August 3, global backlog is estimated to be 96.7m cgt (4,888 vessels), which has fallen below 100m cgt and 5,000 ...
2012-08-09 06:31:12
Chinese cut yard personnel
Cutbacks in personnel are rapidly increasing at Chinese shipbuilders, local media reported. Even the shipyards in Jiangsu province, China's No. 1 shipbuilding base, are also having a difficult time amid new order collapse. A Jiangsu-based small...
2012-08-08 10:53:19
Daewoo inks FSRU octet
THE WOODLANDS, Texas, Aug. 7, 2012 - Excelerate Energy today announced it has entered into a shipbuilding option agreement with Daewoo Shipbuilding and Marine Engineering for the delivery of up to eight Floating Storage and Regasification Units (FSRU...
2012-08-08 06:54:24
China to win massive VLCCs
China's large state-owned shipbuilders are expecting to win massive orders for VLCCs from compatriot shipowners. Sources said that state-owned shipowners in China plans huge VLCC newbuilding program over mid-to-long term, ten to dozens of newbuild...
2012-08-08 06:49:22
Jan-July new order down 54%
During January-July period of 2012, a total of 10.7m-cgt (577 vessels) newbuildings were contracted, sharply decreased by 54% from 23.02m cgt (1,002) year-on-year. According to Clarkson, Korean shipyards inked overall 1m cgt (25), totalling $1.59b...
2012-08-08 06:44:13
Baltic Shipyard pens Icebreaker
Russia's Baltic Shipyard is to build a RUB 36.96bn ($1.15 billion) nuclear-powered icebreaker for Atomflot company, the shipbuilder said on August 6. The icebreaker must be ready for Atomflot by late 2017 and will be delivered to Atomflot’s Murm...
2012-08-07 07:58:55
HMD extends Exmar's LPGC options
Hyundai Mipo Dockyard in Korea has allowed an extension of the declaration date on an option to build midsize LPG carriers ordered by Exmar. The Belgian gas-carrier owner clinched a deal in March for up to eight 38,000-cbm ships at $50m each, plac...
2012-08-07 07:42:18
Newbuilding demand continues
Spending on newly-developed fuel-efficient vessels has begun from last year and demand for ECO newbuildings stands still firm even amid a depressed shipping market, due to shipowners' competition, fleet replacement, IMO's environmental regulations et...
2012-08-07 07:37:00
Cancellations rise again
Prolonged global shipping market slump and frozen ship financing are leading to more order cancellations between shipowners and shipyards. Since global financial crisis in 2008, newbuilding order cancellations and delivery delays soared. Indust...
2012-08-06 10:29:51
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